Ab­b­Vie eyes can­cer, im­munol­o­gy in lat­est pro­tein degra­da­tion pact, hand­ing Fron­tier Med­i­cines $55M up­front

Two years af­ter tip­toe­ing in­to the pro­tein degra­da­tion space with a dis­cov­ery pact cen­tered on neu­rode­gen­er­a­tion, Ab­b­Vie is wad­ing deep­er to ex­plore the more com­mon ap­pli­ca­tions in can­cer and im­muno­log­i­cal dis­eases.

The phar­ma gi­ant is hand­ing Fron­tier Med­i­cines $55 mil­lion up­front to get things start­ed while promis­ing to re­im­burse its pre­clin­i­cal R&D costs. In ad­di­tion to drug can­di­dates that tar­get E3 lig­as­es — a key mem­ber of the body’s nat­ur­al degra­da­tion sys­tem — Fron­tier will al­so be scout­ing small mol­e­cule binders to tar­gets.

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